The Department of Education Office of Postsecondary Education awarded a $1.9 million Formula Grant to EFC Trade, Inc. III dba Fortis Institute - Wayne under the Education Stabilization Fund program (CFDA 84.425). The grant funding will support direct student aid to enrollees at Fortis Institute in Wayne, New Jersey from April 2021 through August 2022. As a Formula Grant under the Education Stabilization Fund, the award aims to prevent, prepare for, and respond to the COVID-19 pandemic by providing financial assistance to students enrolled at this postsecondary educational institution during the period of performance.
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